VALERI TRADING: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VALERI TRADING
Largest movements
- Tangible fixed assets -€40,966
down €40,966 (-30.7%), from €133,382 to €92,417
of which Furniture and vehicles: -€33,151
- Receivables within one year +€28,809
up €28,809 (+53.1%), from €54,296 to €83,105
of which Trade receivables: +€26,794
- Stocks and contracts +€17,678
up €17,678 (+7.0%), from €251,817 to €269,496
- Other debts +€46,916
up €46,916 (+77.7%), from €60,359 to €107,275
- Trade debts -€32,917
down €32,917 (-41.8%), from €78,782 to €45,866
- Debts after one year -€28,802
down €28,802 (-28.5%), from €100,893 to €72,091
- Reserves +€20,000
up €20,000 (+12.9%), from €155,000 to €175,000
- Short-term financial debts +€6,633
up €6,633 (+3,949%), from €168 to €6,801
- Gross operating margin +€11,344
up €11,344 (+14.6%), from €77,938 to €89,282
- Staff costs +€5,522
up €5,522 (+687%), from €804 to €6,326
- Taxes +€5,055
up €5,055 (+189%), from €2,673 to €7,728
- Financial income +€4,275
up €4,275 (+113%), from €3,788 to €8,063
- Financial charges -€4,228
down €4,228 (-26.3%), from €16,073 to €11,844
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €442,557 | €453,596 | +€11,039 | +2.5% |
| Fixed assets | 21/28 | €133,517 | €92,552 | -€40,966 | -30.7% |
| Tangible fixed assets | 22/27 | €133,382 | €92,417 | -€40,966 | -30.7% |
| Land and buildings | 22 | €29,450 | €22,791 | -€6,659 | -22.6% |
| Plant, machinery and equipment | 23 | €11,858 | €10,703 | -€1,155 | -9.7% |
| Furniture and vehicles | 24 | €92,074 | €58,923 | -€33,151 | -36.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €309,040 | €361,044 | +€52,005 | +16.8% |
| Stocks and contracts in progress | 3 | €251,817 | €269,496 | +€17,678 | +7.0% |
| Stocks | 30/36 | €251,817 | €269,496 | +€17,678 | +7.0% |
| Amounts receivable within one year | 40/41 | €54,296 | €83,105 | +€28,809 | +53.1% |
| Trade receivables | 40 | €52,304 | €79,098 | +€26,794 | +51.2% |
| Other amounts receivable | 41 | €1,992 | €4,007 | +€2,015 | +101% |
| Cash at bank and in hand | 54/58 | €2,926 | €4,795 | +€1,869 | +63.9% |
| Deferred charges and accrued income | 490/1 | - | €3,648 | +€3,648 | |
| Total equity and liabilities | 10/49 | €442,557 | €453,596 | +€11,039 | +2.5% |
| Equity | 10/15 | €174,798 | €195,371 | +€20,573 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €155,000 | €175,000 | +€20,000 | +12.9% |
| Distributable reserves | 133 | €155,000 | €175,000 | +€20,000 | +12.9% |
| Profit (loss) carried forward | 14 | €1,198 | €1,771 | +€573 | +47.8% |
| Amounts payable | 17/49 | €267,759 | €258,225 | -€9,534 | -3.6% |
| Amounts payable after more than one year | 17 | €100,893 | €72,091 | -€28,802 | -28.5% |
| Financial debts | 170/4 | €100,893 | €72,091 | -€28,802 | -28.5% |
| Amounts payable within one year | 42/48 | €166,865 | €186,134 | +€19,269 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €24,837 | €25,802 | +€966 | +3.9% |
| Financial debts | 43 | €168 | €6,801 | +€6,633 | +3,949% |
| Credit institutions | 430/8 | €168 | €6,801 | +€6,633 | +3,949% |
| Trade debts | 44 | €78,782 | €45,866 | -€32,917 | -41.8% |
| Suppliers | 440/4 | €78,782 | €45,866 | -€32,917 | -41.8% |
| Taxes, remuneration and social security | 45 | €2,719 | €390 | -€2,329 | -85.7% |
| Taxes | 450/3 | €2,673 | €390 | -€2,283 | -85.4% |
| Remuneration and social security | 454/9 | €46 | - | -€46 | |
| Other amounts payable | 47/48 | €60,359 | €107,275 | +€46,916 | +77.7% |
| Remuneration, social security and pensions | 62 | €804 | €6,326 | +€5,522 | +687% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,299 | €41,409 | -€2,890 | -6.5% |
| Other operating charges | 640/8 | €5,384 | €5,619 | +€236 | +4.4% |
| Non-recurring operating charges | 66A | - | €3,845 | +€3,845 | |
| Gross operating margin | 9900 | €77,938 | €89,282 | +€11,344 | +14.6% |
| Operating profit (loss) | 9901 | €27,452 | €32,082 | +€4,631 | +16.9% |
| Financial income | 75/76B | €3,788 | €8,063 | +€4,275 | +113% |
| Recurring financial income | 75 | €3,788 | €8,063 | +€4,275 | +113% |
| Financial charges | 65/66B | €16,073 | €11,844 | -€4,228 | -26.3% |
| Recurring financial charges | 65 | €16,073 | €11,844 | -€4,228 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €15,167 | €28,301 | +€13,134 | +86.6% |
| Income taxes | 67/77 | €2,673 | €7,728 | +€5,055 | +189% |
| Profit (loss) for the period | 9904 | €12,494 | €20,573 | +€8,079 | +64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,494 | €20,573 | +€8,079 | +64.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.